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    Lake Pkwy McDonough, GA 30252

    For Sale
    $650,000

    McDonough, GA: 1.99 acres, C-2 zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.99-acre commercial land parcel presents a remarkable investment opportunity in McDonough, Georgia. Strategically located at the intersection of Highway 155 and East Lake Parkway, this property boasts 170 feet of frontage on Highway 155, enjoying high visibility and accessibility. The site is zoned C-2, allowing for a wide range of commercial development possibilities. With an average daily traffic count of 10,500 vehicles, this location ensures significant exposure for any business. Utilities are readily available, simplifying development plans. The property shares access to an existing detention pond located behind the adjacent Aylo Health facility, and a shared curb cut with Aylo Health provides convenient access from Highway 155. Benefiting from a desirable location, this parcel is situated near established businesses including Eagle's Landing Family Practice (directly adjacent), Rite Aid, and McDonald's, creating a strong commercial synergy. This prime commercial land offers significant potential for growth and return on investment. The property's size, location, and zoning make it an ideal site for a variety of commercial ventures. The asking price is $650,000.

    Property Features for 0 Lake Pkwy

    General Information

    Property type
    Land
    Lot Size
    86,684 SF

    HighLights

    • 2.12‑acre lot.
    • 170 feet of highway frontage.
    • Full utilities available.
    • C‑2 zoning.
    • High traffic count: 10,500 vehicles per day.
    • Excellent location with neighboring Eagle's Landing Family Practice, Rite Aid, and McDonald's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1383713
    Latitude
    33.5098994

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    FAQs

    What type of property is this?
    Land - McDonough, GA: 1.99 acres, C-2 zoning.
    Where is this land located?
    The property is located at Lake Pkwy McDonough, GA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 2.12-acre lot.; 170 feet of highway frontage.; Full utilities available.
    (478) 803-4120
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    Lake Pkwy McDonough, GA 30252
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Lake Pkwy McDonough, GA 30252
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